Use

The joint operating agreement (JOA) has different development stages, such as engineering and design, construction, and production. Different partners participate at each stage. SAP Joint Venture Accounting (JVA) manages the different stages by using equity types, even if corresponding time frames are overlapping. The equity type links the venture and the equity group contained in the JOA. This relationship between JOA, venture, and equity type, defines ownership and changes of ownership throughout the life of the property.